Overview
What is Lee Manor Inc?
Lee Manor Inc is a nonprofit organization situated in Athens, Tennessee. With a focus on social welfare, they offer 18 units of low-income housing, catering specifically to the needs of elderly individuals and families with limited means. Their primary mission is to provide affordable housing, ensuring that those in need have a secure living environment. This commitment is reflected in their daily operations and the services they offer.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Lee Manor Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This high score indicates that the organization effectively manages its resources and adheres to best practices in governance, ensuring transparency and ethical operations.
The organization boasts a fully independent board, which contributes to its robust governance structure. With a 100% independent board composition and no material diversion of assets, Lee Manor Inc demonstrates a commitment to integrity. Additionally, it has well-established policies for conflicts of interest, whistleblowing, and document retention, further reinforcing its accountability.
Financially, Lee Manor Inc allocates a significant portion of its resources to its programs, with a program expense ratio of 75.11%. This suggests that the majority of its funding is directed toward fulfilling its mission, rather than administrative costs. Overall, while the organization excels in several areas, continued monitoring of financial health and operational effectiveness will be important for sustaining its positive impact.
This AI summary has been generated from information found on Charity Navigator.
Is Lee Manor Inc legitimate?
Lee Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lee Manor Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Lee Manor Inc?
Lee Manor Inc is committed to providing affordable housing solutions for low-income individuals, specifically catering to elderly and families in need. Their mission is to make housing accessible, ensuring that these vulnerable groups can reside in a dignified living environment without the burden of high costs. Currently, they offer 18 units of such housing, demonstrating their dedication to this cause.
Who is the CEO of Lee Manor Inc?
Ross Dodson is the Director of Lee Manor Inc.
What is the revenue of Lee Manor Inc?
Lee Manor Inc's revenue in 2022 was $162,839.
Who are the executives of Lee Manor Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Lee Manor Inc?
Lee Manor Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lee Manor Inc
Lee Manor Inc, as a nonprofit organization, is dedicated to providing affordable housing solutions for low-income residents. Their mission is centered around making housing accessible to elderly individuals and families who fall under this income category. By offering 18 units of low-income housing, Lee Manor Inc plays a crucial role in addressing the housing needs of this vulnerable population. The organization's purpose is to contribute to a more inclusive and equitable living environment, ensuring that everyone has a roof over their heads, regardless of their financial situation.
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Impact
October, 2024
Lee Manor Inc significantly impacts the community by providing affordable housing options for low-income residents in Athens, TN. With 18 units dedicated to elderly individuals and low-income families, the organization addresses a critical need for safe and accessible living spaces. By ensuring that these vulnerable populations have a place to call home, Lee Manor Inc fosters stability and enhances the quality of life for its residents. This commitment to affordable housing not only supports individuals and families but also strengthens the overall community by contributing to social and economic well-being.
This information is meant to be a general summary of Lee Manor Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $45,019
- Program Service Revenue: $25,144
- Gross Receipts: $162,839
Assets and Liabilities:
- Total Assets: $4,972,993
- Total Liabilities: $3,588
- Net Assets: $4,969,405
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENTIAL RENTAL
Revenue
$25,144
Organization Details
Founding Year
1980
Phone
(423) 745-0341Principal Officer
Ross Dodson
Main Address
PO BOX 928, ATHENS, TN, 37371
NTEE Category
Code: L21 - Housing
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